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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative||details ofthe charity,|its trustee|and advisers||
|Trustee's report|||||2-6|
|Independent<br>auditors'|report||||7-9|
|Statement of financial|activities||||10|
|Balance sheet||||||
|Notes to the financial|statements||||12 - 22|





|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|The Trustee of the charity at 31 January 2021, which has been <br>that date and since the year-end,<br>was The Bath Preservation|the sole Trustee for the whole <br>Trust Limited<br>(charity<br>number|the sole Trustee for the whole <br>Trust Limited<br>(charity<br>number|the sole Trustee for the whole <br>Trust Limited<br>(charity<br>number|the sole Trustee for the whole <br>Trust Limited<br>(charity<br>number|the sole Trustee for the whole <br>Trust Limited<br>(charity<br>number|year ended<br>203048).|on<br> The|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|directors of|The Bath Preservation<br>Trust Limited||||during the year||and since the||year end were:|||||
|Trustees||Thomas Sheppard,||Chair «»||||||||||
|||Diane Aderyn «||||||||||||
|||Robert Dunton<br>~||||||||||||
|||Julie Finch x«'||||||||||||
|||David Halls'||||||||||||
|||Peta Hall '~4||||||||||||
|||Bruce Haines «||||||||||||
|||'||||||||||||
|||Robert Hellard||||||||||||
|||Tom Marshall's'||||||||||||
|||Rachel Johnston|(resigned|||31January|2021)'|||||||
|||Colin Johnston'||||||||||||
|||Simon Morray- Jones~||||||||||||
|||Robert Tavernor<br>Victoria Thornton|(resigned<br> "|||2 July 2020) '||||||||
|||denotes members|||ofthe Architecture<br>and|||Planning||Committee||||
|||denotes members|||ofthe Beckford||Tower|Trust Advisory Committee||||||
|||denotes members|||ofthe Finance||Committee|||||||
|||4<br>denotes members|||ofthe Museums||and Education||Committee|||||
|||denotes members|||ofthe Herschel||Museum|Advisory||Committee||||
|Charity registered||||||||||||||
|number||298295||||||||||||
|Registered|office|1 Royal Crescent||||||||||||
|||Bath||||||||||||
|||BA1 2LR||||||||||||
|Independent|auditors|Bishop Fleming<br>LLP||||||||||||
|||Chartered<br>Accountants||||||||||||
|||10Temple Back||||||||||||
|||Bristol||||||||||||
|||BS1 6FL||||||||||||
|Bankers||CAF Bank Limited||||||||||||
|||25 Kings Hill Avenue||||||||||||
|||West Mailing||||||||||||
|||Kent||||||||||||
|||ME194JQ||||||||||||
|Investment|managers|MftG Investments||||||||||||
|||PO Box9038||||||||||||
|||Chelmsford||||||||||||
|||CM99 2XF||||||||||||





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||||Unrestricted|Restricted|Endowment||Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|Total funds|funds|
||||2021|2021|2021|2021|2020|
|||Note|E|E|E|6|E|
|INCOME AND ENDOWMENTS|FROM:|||||||
|Donations,<br>legacies and grants|||26,087|20,002||46,089|15,869|
|Charitable<br>activities|||11,816|||11,816|63,695|
|Other trading activities|||938|||938|7,828|
|Investments|||21,724|||21,724|23,511|
|TOTALINCOME|||60,565|20,002||80,567|110,903|
|EXPENDITURE ON:||||||||
|Raising funds||7|5,036|||5,036|6,315|
|Charitable<br>activities||6|45,330|19,916||65,246|84,979|
|TOTAL EXPENDITURE|||50,366|19,916||70,282|91,294|
|NET INCOME BEFORE||||||||
|INVESTMENT GAINS|||10,199|86||10,285|19,609|
|Net gains/(losses)<br>on investments||12|(15,537)|||15,537|13,647|
|NET INCOME/(EXPENDITURE)||||||||
|BEFORE OTHER RECOGNISED||||||||
|GAINS AND LOSSES|||(5,338|86||(5,252)|33,256|
|NET MOVEMENT<br>IN FUNDS|||(5,338)|86||(5,252)|33,256|
|RECONCILIATION<br>OF FUNDS:||||||||
|Total funds brought<br>forward|||176,692|40,640||217,332|184,076|
|TOTAL FUNDS CARRIED FORWARD|||171,354|40,726||212,080|217,332|





## 

|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note||f.|||
|FIXEDASSETS|||||||
|Tangible<br>Assets||||50,937||55,995|
|Investments||12||94,846||110,383|
|||||145,783||166,378|
|CURRENT ASSETS|||||||
|Stocks||13|1,699||18905||
|Debtors||14|6,389||8,383||
|Cash at bank and in|hand||62,537||44,101||
||||70,625||54,389||
|CREDITORS: amounts<br>year|faging due within one|13|~4324||(3,435)||
|NET CURRENT ASSETS||||66,297||50,954|
|NET ASSETS||||212,080||217,332|
|CHARITY FUNDS|||||||
|Restricted<br>funds||16||40,726||40,640|
|Unrestricted<br>funds||16||171,354||176,692|
|TOTAL FUNDS||||212,080||217,332|





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||||||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|funds|funds|funds|
||||||||2021|2021|2021|2021|2020|
||||||||f.|E|E|E|E|
|Donations|||||||2,550|||2,550|1,473|
|Grants<br>- coronavirus|||||related||21,537|9,467||31,004||
|Grants<br>- other|||||||2,000|10,535||12,535|14,396|
|Total donations,|||legacies and grants||||26,087|20,002||46,089|15,869|
|Total 2020|||||||3,473|12,396||15,869||
|INCOME FROM||CHARITABLE ACTIVITIES||||||||||
||||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||||funds|funds|funds|funds|funds|
||||||||2021|2021|2021|2021|2020|
||||||||E|E|E|E|E|
|Museum<br>admissions||||income|||8,753|||8,753|62,373|
|Other museum|||income||||3,063|||3,063|1 322|
|Total income||from||charitable||activities|11,816|||11,816|63,695|
|Total2020|||||||63,695|||63,695||
|OTHER TRADING ACTIVITIES||||||||||||
||||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||||funds|funds|funds|funds|funds|
||||||||2021|2021|2021|2021|2020|
||||||||E|6|E|E|E|
|Shop income|||||||938|||938|7,828|
|Total 2020|||||||7,828|||7,828||
|INVESTMENT|INCOME|||||||||||
||||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||||funds|funds|funds|funds|funds|
||||||||2021|2021|2021|2021|2020|
||||||||E|E|E|E|E|
|Investment|income|||—|rent||17,171|||17,171|17,870|
|Investment|income|||-|listed|||||||
|investments||and bank interest|||||4,553|||4,553|5,641|
||||||||21,724|||21,724|23,511|
|Total 2020|||||||23,511|||23,511||



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|||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|
|||E|E|E|E|
|Wages and salaries||24,028|8,900|32,928|42,238|
|Premises costs:||||||
|Insurances||1,995||1,995|1,793|
|Repairs and maintenance||1,727|85|1,812|5,042|
|Heat and light||4,705||4,705|4,875|
|Other premises|costs|3,019||3,019|5,774|
|Opening costs:||||||
|Conservation/enhancements||10|4,136|4,146|2,260|
|Leaflets and advertising|||||555|
|Guides and other opening costs||2,026|4,553|6,579|9,262|
|Administration:||||||
|Office and other|costs|1,769|567|2,336|5,509|
|Accountancy||1,200||1,200|1,200|
|Auditors'<br>remuneration||1,468||1,468|1,414|
|Depreciation||3,383|1,675|5,058|5,057|
|||45,330|19,916|65,246|84,979|
|ANALYSIS OF EXPENDITURE BYEXPENDITURE TYPE||||||
||Staff costs|Depreciation|Other costs|Total|Total|
||2021|2021|2021|2021|2020|
||E|E|E|E|E|
|Expenditure<br>on raising funds||||||
|Shop expenditure|||653|653|3,539|
|Rental property|costs||4,383|4,383|2,776|
||||5,036|5,036|6,315|
|Expenditure<br>on charitable||||||
|activities|32,928|5,058|25,792|63,778|83,565|
|Expenditure<br>on governance|||1,468|1,468|1,414|
||32,928|5,058|32,296|70,282|91,294|
|Total 2020|42,238|5,057|43,999|91,294||



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|||Heritage|Fixtures and||
|---|---|---|---|---|
|||assets|fittings|Total|
|||E|6|E|
|COST|||||
|At 1 February|2020|44,634|20,841|65,475|
|At 31 January|2021|44,634|20,841|65,475|
|DEPRECIATION|||||
|At 1 February|2020||9,480|9,480|
|Charge for the|year||5,058|5,058|
|At 31 January|2021||14,538|14,538|
|NET BOOK VALUE|||||
|At 31January|2021|44,634|6,303|50,937|
|At 1 February|2020|44,634|11,361|55,995|





## 

|FIXEDASSET INVESTMENTS||||||||
|---|---|---|---|---|---|---|---|
||||||||Listed|
||||||||securities|
||||||||E|
|MARKET VALUE||||||||
|At 1 February 2020|||||||110,383|
|Revaluations|||||||(15,537)|
|At 31 January 2021|||||||94,846|
|INVESTMENTS AT MARKET VALUE||COMPRISE:||||||
||||||2021||2020|
|||||||E|E|
|Listed investments|||||94,846||110,383|
|AIIthe fixed asset investments|are|held in the|UK.|||||
|The above was held entirely within||Charifund|- Equities|Investment|Fund for Charities|(Income).||



|13.|STOCKS||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E|E|
||Goods for resale||||1,699|1,905|
|14.|DEBTORS||||||
||||||2021|2020|
||||||E|E|
||Trade debtors||||2,000|667|
||Prepayments||and accrued income||4,389|7,716|
||||||6,389|8,383|
|15.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2021|2020|
||||||E|E|
||Trade creditors||||336|1,480|
||Amounts|owed to group undertakings|||2,273||
||Accruals|and|deferred|income|1,719|1,955|
||||||4,328|3,435|





## 

|||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|
|||1 February|||Transfers|Gains/|31 January|
|||2020|Income|Expenditure|in/out|(Losses)|2021|
|||6|E|E|6|E|E|
|DESIGNATED FUNDS||||||||
|Short term maintenance||72,530|||||72,530|
|Medium<br>to long term||||||||
|maintenance||54,909|||||54,909|
|Future<br>loss of income||49,253|||(5,338)||43,915|
|||176,692|||(5,338)||171,354|
|GENERAL FUNDS|||60,565|(50,366)|5,338|(15,537)||
|TOTAL UNRESTRICTED FUNDS||176,692|60,565|(50,366)||(15,537)|171,354|
|RESTRICTED FUNDS||||||||
|||Balance at|||||Balance at|
|||1 February|||Transfers|Gains/|31 January|
|||2020|Income|Expenditure|in/out|(Losses)|2021|
|||E|E|E|5|E|E|
|HHT Assets:||||||||
|Museum<br>Exhibits||23,825|||||23,825|
|Display cases||4,512||(1,674)|||2,838|
|HHT Funds:||||||||
|B&NES||1,000|||||1,000|
|School visits||200|500||||700|
|Ernest Cook||943||(79)|||864|
|Royal Astronomical|Society|8,974|||||8,974|
|William<br>Herschel Society||244|||||244|
|NLHF PPIC exhibition||(514)|514|||||
|AIM Conservation|Audit|(1,287)|1,287|||||
|Spark grant||2,743|6,176|(4,560)|||4,359|
|AIM Collection Care|||2,058|(4,136)|||(2,078)|
|NLHF Covid grants|||9,467|(9,467)||||
|||40,640|20,002|(19,916)|||40,726|
|TOTAL OF FUNDS||217,332|80,567|(70,282)||(15,537)|212,080|





## 

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|||Balance at 1||||||
|---|---|---|---|---|---|---|---|
|||February|||Transfers|Gains/|Balance at31|
|||2019|Income|Expenditure|in/out|(Losses)|January 2020|
||||E|E|E|E|E|
|DESIGNATED FUNDS||||||||
|Short term maintenance||72,530|||||72,530|
|Medium to long term||||||||
|maintenance||27,559|||27,350||54,909|
|Future loss of income||39,916|||9,337||49,253|
|||140,005|||36,687||176,692|
|GENERAL FUNDS|||98,507|(75,467)|(36,687)|13,647||
|TOTAL UNRESTRICTED FUNDS||140,005|98,507|(75,467)||13,647|176,692|
|RESTRICTED FUNDS||||||||
|HHT Assets:||||||||
|Museum<br>Exhibits||23,825|||||23,825|
|Display cases||6,186||(1,674)|||4, 512|
|HHT Funds:||||||||
|B&NES|||2,000|(1,000)|||1,000|
|School visits||400||(200)|||200|
|Ernest Cook||3,530||(2,587)|||943|
|Royal Astronomical|Society|8,974|||||8,974|
|William<br>Herschel Society||1,156||(912)|||244|
|NLHF PPIC exhibition|||4,220|(4,734)|||(514)|
|AIM Conservation|Audit|||(1,287)|||(1,287)|
|Spark grant|||6,176|(3,433)|||2,743|
|||44,071|12,396|(15,827)|||40,640|
|TOTAL OF FUNDS||184,076|110,903|(91,294)||13,647|217,332|



## 



|SUMMARY|OF FUNDS - CURRENT YEAR|OF FUNDS - CURRENT YEAR||||||
|---|---|---|---|---|---|---|---|
||Balance at||||||Balance at|
||1|February|||Transfers|Gains/|31 January|
|||2020|Income|Expenditure|in/out|(Losses)|2021|
|||E|6|6|6|E|E|
|Designated|funds|176,692|||(5,338)||171,354|
|Generalfunds|||60,565|(50,366)|5,338|(15,537)||
|||176,692|60,565|(50,366)||(15,537)|171,354|
|Restricted|funds|40,640|20,002|(19,916)|||40,726|
|||217,332|80,567|(70,282)|-|(15,537)|212,080|
|SUMMARY|OF FUNDS - PRIOR YEAR|||||||
||Balance at 1|||||||
|||February|||Transfers|Gains/|Balance at 31|
|||2019|Income|Expenditure|in/out|(Losses)|January 2020|
|||E|E|6|6|E|E|
|Designated|funds|140,005|||36,687||176,692|
|Generalfunds|||98,507|(75,467)|(36,687)|13,647||
|||140,005|98,507|(75,467)||13,647|176,692|
|Restricted|funds|44,071|12,396|(15,827)|||40,640|
|||184,076|110,903|(91,294)||13,647|217,332|





## 

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|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total funds|
|||2021|2021|2021|
|||E|E|E|
|Tangible|fixed assets|23,903|27,034|50,937|
|Fixed asset investments||94,846||94,846|
|Current|assets|56,933|13,692|70,625|
|Creditors|due within one year|(4,328)||(4,328)|
|||171,354|40,726|212,080|



## 

|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Totalfunds|
|||2020|2020|2020|
|||E|E|E|
|Tangible|fixed assets|27,287|28,708|55,995|
|Fixed asset investments||110,383||110,383|
|Current|assets|42,457|11,932|54,389|
|Creditors|due within one year|(3,435)||(3,435)|
|||176,692|40,640|217,332|



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